Francesca’s files for bankruptcy amid pandemic toll
Bloomberg News
(Bloomberg)—Boutique women’s clothing chain Francesca’s Holdings Corp. filed for bankruptcy after the pandemic eroded the company’s already flagging sales. The Houston-based company sought Chapter 11 protection in U.S. Bankruptcy Court in Delaware late Thursday with plans to sell the business, according to a statement. TerraMar Capital LLC or an affiliate has agreed to become the […]